It can build a C compiler or browser if you don't know or care that it's a buggy collage of the dozen or so existing open-source C compilers or browsers, with no bearing on its ability to solve novel problems for your business.
In the months since those original stunts were pulled, the same playbook has been applied to the math and infosec spaces with some degree of success, and to the medical, legal, etc. etc. with less success. Nothing about the technology has fundamentally changed, but the labs hope that they can squeeze the same juice out of other markets that they did out of software so they don't have to delay their IPOs again.
That's true, what happened to the vibecoded browser?
The fact that Rust-Bun is in production does somewhat show it is possible, but I guess that has a lot of human effort in it too.